City Holding Company Elects James M. Parsons to Board of Directors
01 2월 2024 - 5:59AM
Business Wire
City Holding Company, the “Company” (NASDAQ: CHCO), has
appointed James M. Parsons to its Board of Directors to fill a
vacancy created by Thomas L. Burnette not standing for re-election
at the Company’s 2023 Annual Meeting of Shareholders. Mr. Parsons’
appointment is effective immediately and he will stand for election
by the shareholders at the next annual meeting scheduled for April
2024. This increases the number of directors of the Company from 12
to 13. The Board of Directors expects to recommend Mr. Parsons as a
Class III director, whose terms shall expire at the annual meeting
of shareholders in 2026.
Mr. Parsons is a native of Morgantown, West Virginia and
currently resides in Lexington, Kentucky. He earned his bachelor’s
degree in Business Administration and accounting from West Virginia
University. He is a certified public accountant and is a former
member of both the Kentucky and American Institutes of CPA’s.
Mr. Parsons currently serves as a co-trustee of the D. Ray Ball,
Jr. Revocable Trust. From August 2005 to December 31, 2023, he was
the Chief Financial Officer of Ball Homes, LLC, a residential
development company, headquartered in Lexington, Kentucky with
operations in Kentucky and Tennessee.
Mr. Parsons also served as a director, and the Audit Committee
chair, of Limestone Bancorp (LMST) and Limestone Bank, Inc. from
September 2015 to April 2023, when it was acquired by Peoples
Bancorp (PEBO).
“We are thrilled to have Mr. Parsons join our Board of
Directors,” said Charles Hageboeck, President and Chief Executive
Officer of City Holding. “Mr. Parsons’ background in finance, real
estate development and accounting will strengthen the Board’s depth
of expertise in all three areas.”
City Holding Company is a $6.2 billion bank holding Company
headquartered in Charleston, WV. City Holding Company is the parent
company of City National Bank of West Virginia. City National
operates 98 branches across West Virginia, Kentucky, Virginia and
Ohio.
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version on businesswire.com: https://www.businesswire.com/news/home/20240131934363/en/
Charles R. Hageboeck, Chief Executive Officer and President
(304) 769-1102
City (NASDAQ:CHCO)
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City (NASDAQ:CHCO)
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